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Analysts at RBC Capital reduced their price target on shares of Louisiana-Pacific (NYSE:LPX) from $16.00 to $14.00 in a research report issued to clients and investors on Wednesday. RBC Capital’s price target points to a potential upside of 8.02% from the company’s current price.

Shares of Louisiana-Pacific (NYSE:LPX) traded up 1.62% during mid-day trading on Wednesday, hitting $13.17. The stock had a trading volume of 1,431,938 shares. Louisiana-Pacific has a 52-week low of $12.78 and a 52-week high of $18.96. The stock’s 50-day moving average is $14.33 and its 200-day moving average is $15.81. The company has a market cap of $1.859 billion and a price-to-earnings ratio of 18.95.

Louisiana-Pacific (NYSE:LPX) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.03 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.02 by $0.01. The company had revenue of $519.00 million for the quarter, compared to the consensus estimate of $497.91 million. During the same quarter in the prior year, the company posted $0.41 earnings per share. The company’s quarterly revenue was down 8.5% on a year-over-year basis. Analysts expect that Louisiana-Pacific will post $0.19 EPS for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at TD Securities cut their price target on shares of Louisiana-Pacific from C$16.00 to C$15.00 in a research note on Wednesday, July 30th. They now have a “hold” rating on the stock. Separately, analysts at ISI Group initiated coverage on shares of Louisiana-Pacific in a research note on Tuesday, July 8th. They set a “sell” rating and a $13.00 price target on the stock. Finally, analysts at Dundee Securities initiated coverage on shares of Louisiana-Pacific in a research note on Tuesday, July 8th. They set a “sell” rating and a $13.00 price target on the stock. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $16.67.

Louisiana-Pacific Corporation is a manufacturer of building products. The Company operates in four segments: North America Oriented Strand Board (NYSE:LPX); Siding; Engineered Wood Products (EWP), and South America.

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